890 US-401 - Firehouse Subs 890 US-401 2,371 SF 100% Leased Retail Building Laurinburg, NC 28352 $2,357,972 CAD ($994.51 CAD/SF) 5.70% Cap Rate

NAI Charleston is proud to present a premier freestanding retail investment opportunity located at 890 US Hwy 401 Bypass in Laurinburg, North Carolina. The offering consists of a ±2,200-square-foot Firehouse Subs restaurant with a drive-thru, situated on a ±0.53-acre outparcel to the Lowe’s Home Improvement center along the highly trafficked Highway 401 corridor.
This offering represents a compelling sale-leaseback opportunity with the largest franchisee in the Firehouse Subs system. At closing, the tenant will execute a brand-new 10-year lease, delivering immediate and predictable cash flow backed by an experienced, scaled multi-unit operator. The lease structure includes scheduled rental increases, providing investors with built-in income growth and long-term value enhancement.